Monday, August 26, 2024





Banknifty 50933.4

Lower top trend line and Negative break out trend line at the same place at 51195
Close above this level is good for 51500+ then possible for LTH 




 

Friday, August 23, 2024



Banknifty 50985.70


Lower top trend line resistance at 51256

so long only on closing basis above this level
 


 Nifty 24811.50


Negative divergence Hourly CHART


so be cautious on intra longs 


Long only above 24830(C) basis

Thursday, August 22, 2024


 Banknifty 50685

======================================


Support at 50542-50400 range current swing's 38.2%


Lower top Trend line resistance at 50900 [breakout neck line]

for the target 51597-51600


Fresh entry range above 51150 only and 

with out risk close above 51600, close above this level is good for LTH



 Nifty 24770

======================================

Resistance range 24746-24777 for 24826-845

Any GAPUP around 24826-845 range is for profit booking and 

risk takers short also with sl 24860(C)


Before  move to 25536-25400 range some consolidation 

with profit booking is good 


swing 25078 -  23893 78.6% at 24825

swing 24472-23893 161.8% at 24830


yesterday mentioned same for the tgt 24825+

already we got 24787 high and closed at 24770